set speed aka onehansonplace.com

7/24/2007

More million dollar condos in a supposedly 'blighted' area

Down the street from the grandfathered Newswalk Condos, a townhouse has been converted into 4 luxury condos with prices ranging from a quarter million to $1.15MM. Brooklyn Properties has the listing.

Located at 543 Dean Street, this is just steps away from the ultramodern behemoth at 565 Dean/536 Carlton that was profiled in May.

In a nod to the vibrance of the area, these units are going in the $800s psf range. The folks at nolandgrab.org would surely appreciate these prices. All come with storage and outdoor space. Viking, Bosch and Jenn-Air are the labels for the appliances.

The lot size is 20x55 and most recently changed hands in January 2005 for $825K. The pictures make it look like the back of the house is across from the back of some of the Newswalk units.

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3 Comments:

At July 24, 2007 10:54 PM, Anonymous Holden said...

What moron priced these units? If you look on the floorplans there aren't even coat closets and it's a walk-up!! I can understand HELLO getting these prices with all the amenities and what not, but this is just irresponsible pricing. This will sit for a long time, I guess that's how brooklyn properties got the listing. There is no marketing sense or knowledge involved in this at all!!

 
At July 24, 2007 11:12 PM, Blogger ltjbukem said...

quite a modernist renovation, though, right?

i like it. i imagine most potential buyers to be scared off by the possibility of years of construction a block away. i'm sure most will even see the construction cranes from their private outdoor spaces..

 
At July 25, 2007 11:05 PM, Anonymous holden said...

It's nice sure, the developers did a decent job at that but I think they made a horrible mistake with their pricing and going with brooklyn properties. This leads me to believe they are first time developers that don't know themselves how to market a project and leads me to wonder what else they missed.

 

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